Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Selectmen approve letter to Trustees requesting reimbursement and fund closeouts totaling multiple line items
Summary
The Board approved a letter to the Trustees of the Trust Funds requesting reimbursements and fund closeouts for specified prior expenditures, including $247,563.44 for States Landing improvements and $160,000 for Roads Improvement, among other line items listed in the Office of Finance memo.
The Finance Director requested the Board send a letter to the Trustees of the Trust Funds to recover expenditures and close certain accounts. The Board approved the withdrawals and fund closeouts as presented and signed the letter for submission; the motion passed 5-0.
An attached Office of Finance memorandum itemized the requested recoveries and amounts, including but not limited to: Invasive Species (CR140) $87,630.00; States Landing Improvement (CR150) $247,563.44; Police Vehicle (CR160) $10,715.21; Recreation Scholarship (TF115) $1,000.00; Roads Improvement Fund (CR156) $160,000.00; Public Works Equipment (CR102) $75,000.00; Municipal Building Maintenance (CR104) $150,000.00; Historical Building (CR110) $11,101.00; and other fund balances noted in the memo. The Board authorized the letter to the Trustees consistent with the Finance Director's request.
